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    Property profile & analytics

    140 Ctr Rd Salisbury, MD 21801-2216

    • Motels
    • 60,167 SF
    • 2.52 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1316251
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residence Inn Salisbury / Hotel / Extended Stay Hotel
    • 140 Centre Road Parking / Parking Lot

    Property Details for 140 Ctr Rd

    Year built
    2006
    Construction
    WOOD
    Lot size
    2.52 lot acres
    Property size
    60,167 SF
    Zone code
    C
    Property type
    Motels
    APN
    05-042976
    APU
    5042976

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5717
    Latitude
    38.4017
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $46,510
    $0.00
    $0.00
    $4,662,667
    -
    $529,500
    $4,632,700
    $5,162,200

    Comparable in this City

    • Value Estimation by Request
      18,310 SF

      2615 Salisbury Blvd

      MOTEL • 18,310 SF
      2615 Salisbury Blvd, Salisbury, MD 21801-2142
      View Details
    • Value Estimation
      $360,000
      6,480 SF

      1804 Salisbury Blvd

      MOTEL • 6,480 SF
      1804 Salisbury Blvd, Salisbury, MD 21801-3333
      View Details
    • Value Estimation
      $3,505,000
      12,590 SF

      2625 Salisbury Blvd

      MOTEL • 12,590 SF
      2625 Salisbury Blvd, Salisbury, MD 21801-2142
      View Details
    • Value Estimation by Request
      9,536 SF

      1500 Salisbury Blvd

      MOTEL • 9,536 SF
      1500 Salisbury Blvd, Salisbury, MD 21801-3326
      View Details
    • Value Estimation
      $4,920,000
      47,546 SF

      2701 Salisbury Blvd

      MOTEL • 47,546 SF
      2701 Salisbury Blvd, Salisbury, MD 21801-2144
      View Details
    • Value Estimation
      $1,140,000
      31,320 SF

      712 Salisbury Blvd

      MOTEL • 31,320 SF
      712 Salisbury Blvd, Salisbury, MD 21801-4159
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      6.9k
    • Visitors by month
      2.6k
    • Avg Time on site
      417 min
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    140 Ctr Rd
    Salisbury, MD 21801-2216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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